Russia Reportedly Investigates Telegram CEO Over Facilitating Terror

Russian authorities have initiated a criminal investigation into Telegram co-founder and CEO Pavel Durov, according to state media reports. Durov is being investigated in Russia as part of a criminal case involving allegations of facilitation of terrorist activities, official state publication Rossiyskaya Gazeta reported on Tuesday, citing the Federal Security Service (FSB). Kremlin spokesman Dmitry…

Bitcoin Dips Under $63K as Market Enters Full Capitulation Phase

Panic selling by short-term holders, combined with the RSI near record lows, suggests that BTC could be transitioning into a full capitulation regime. Bitcoin (BTC) sellers resumed their activity on Tuesday as the BTC price dropped 4% in 24 hours to an intraday low of $62,700. Analysts said that Bitcoin has entered an “excess loss-realization”…

Bitcoin Dips Under $63K as Market Enters Full Capitulation Phase

Panic selling by short-term holders, combined with the RSI near record lows, suggests that BTC could be transitioning into a full capitulation regime. Bitcoin (BTC) sellers resumed their activity on Tuesday as the BTC price dropped 4% in 24 hours to an intraday low of $62,700. Analysts said that Bitcoin has entered an “excess loss-realization”…

RedotPay stablecoin payments firm said to consider $1 billion IPO in New York: Bloomberg

RedotPay, a Hong Kong-based stablecoin payments upstart, plans to raise more than $1 billion in a U.S. initial public offering (IPO) that could value it at over $4 billion. Sources close to the matter told Bloomberg that the company, which achieved unicorn status in September last year, has tapped banking heavyweights such as JPMorgan, Goldman…

Fed is Seeking Feedback on Proposal to Remove Reputation Risk from Banking

The US Federal Reserve is seeking to codify a rule removing “reputation risk” from banking supervision, which some have blamed for a wave of crypto debanking in recent years. The Fed initially began making changes in June last year, announcing that it had directed its supervisors to stop pressuring banks to shut down client accounts…

Bitcoin Rally To $75K Possible If These 3 Triggers Are Pulled

Key takeaways: Historical data shows Bitcoin often outperforms during trade wars and liquidity injections despite initial macro fear. Resilient mining activity and a shift to net long positions on CME futures suggest professional traders are buying the dip. Bitcoin (BTC) traders are becoming increasingly anxious after 18 days of trading below the $75,000 level. Concerns…

Step Finance Shuts Down After $27 Million Hack

Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable.  Solana portfolio dashboard and DeFi aggregator Step Finance announced on Monday that it would be winding down operations. The closure also extends to subsidiaries Solana NFT analytics and the ecosystem media…

Bitcoin Rally To $75K Possible If These 3 Triggers Are Pulled

Key takeaways: Historical data shows Bitcoin often outperforms during trade wars and liquidity injections despite initial macro fear. Resilient mining activity and a shift to net long positions on CME futures suggest professional traders are buying the dip. Bitcoin (BTC) traders are becoming increasingly anxious after 18 days of trading below the $75,000 level. Concerns…

Saylor Says Quantum Risk to Bitcoin is distant and Manageable

Strategy CEO Michael Saylor dismissed concerns about quantum computing during an appearance on Natalie Brunell’s Coin Stories podcast, saying the cybersecurity community broadly agrees that any credible quantum threat is likely more than a decade away. While it remains unclear if or when a quantum risk might materialize, Saylor told the podcast host that any…

Trump‘s ‘Board of Peace‘ Considers Stablecoin for Gaza Efforts: FT

The Board of Peace established by US President Donald Trump, which requires a $1 billion contribution for membership, is reportedly exploring a stablecoin for use in rebuilding Gaza’s economy following two years of war triggered by a Hamas terror attack in October 2023. According to a Monday Financial Times report, the board is in the…